Kenya will get the first 90 megawatts from Lake Turkana Wind Power project in 2016 when the first production will be loaded onto the national grid.
The biggest wind farm in sub Saharan Africa will run into full capacity in April 2017 transmitting a total of 310 megawatts to the national grid through a 428km overhead line that is being constructed by the Kenya Electrical Transmission Company.
The Sh70 billion project located in Loyangalani District, Mars.... Read more »
Posted on : Thursday , 24th September 2015
The Yara fertilizer Terminal that was launched by President Jakaya Kikwete, last week, has the capacity to hold 120,000 tonnes annually, enough to supply the local market and the rest of East Africa.
Posted on : Thursday , 24th September 2015
A local pay-as-you-go off grid energy provider has announced connecting 250,000 homes across Kenya, Uganda and Tanzania.
M-Kopa Solar, which provides a payment plan for supply of a solar lighting system, a radio and phone charging apparatus, said the achievement is in line with its target of connecting a million customers to its solar power systems by 2018.
The firm's managing director and co-founder, Mr Jesse Moore, said the growth in connected custome.... Read more »
Posted on : Thursday , 24th September 2015
Heston, a British oil services company is setting up shop in Tanzania and use the country as a hub to tap into the growing hydrocarbons sector in the Eastern African region. writes JOSEPH BURITE
Speaking to the East African Business Week at an oil and gas exhibition in Dar es Salaam recently.
David Edwards, the regional operations manager for Middle East and Africa said the company will apply a model that helped it achieve success in Bahrai.... Read more »
Posted on : Thursday , 24th September 2015
KIGALI, Rwanda - Rwandans will soon benefit from a project that generate electricity from heating methane gas on a floating platform.
The project is being done in two phases and contracted to KivuWatt, a subsidiary of ContourGlobal.
Recently the company announced in the local media that completion of the first phase will be done by October.
CountourGlobal signed a 25-year Gas Concession Agreement with the government and a 25-year Power P.... Read more »
Posted on : Thursday , 24th September 2015
The African Development Bank (AfDB) has approved a US$121mn loan and grant to assist the government in improving electricity access for businesses and in rural households. powerlinenigeria pixabayOnly 14 per cent of Uganda has proper access to power, and AfDB hopes to increase that percentage through its project.
According to AfDB, the move is expected to enhance economic growth in several parts of rural Uganda. The grant, which is worth US$11.5mn, has been mobil.... Read more »
Posted on : Thursday , 24th September 2015
Bomag has extended its range of products with the addition of a new recycler and soil stabiliser, the MPH 364
Posted on : Thursday , 24th September 2015
THE official visit to Tanzania last week of more than 50 Norwegian business leaders led by Minister of Trade and Industry, Ms Monica Maeland, has come at a time when bilateral business ties are witnessing strong momentum.
Tanzania has for several decades been one of the most important countries to Norwegian development cooperation. Norway is today heavily involved in climate change issues, strengthening of public revenue management, clean energy, petroleum administrat.... Read more »
Posted on : Thursday , 24th September 2015
Kenya and Norway are seeking close business ties to strengthen economic growth and create jobs in the two countries. A high-powered business delegation from Norway is in the country led by the nation’s Minister of Trade and Industry Monica Maeland to seek available business opportunities in Kenya. According to Kenya’s ministry of Foreign Affairs and International Trade, the volume of bilateral trade between the two countries increased steadily from $12 million (Sh 1.26 b.... Read more »
Posted on : Thursday , 24th September 2015
Construction work for the long awaited multi-billion cement processing factory project at Sebit in West Pokot County will kick off early next year, company officials have confirmed. Cemtech limited, a subsidiary of India's Sanghi Group of companies will begin construction work for the Sh 12 billion factory after approval by engineers who had earlier raised queries over its site among other issues. Residents, some of whom expected to benefit either directly or indirectly with t.... Read more »
Posted on : Thursday , 24th September 2015
TRADE Mark East Africa (TMEA) has pledged to support Tanzania to capitalise on its comparative advantage on rice production by increasing sales of the commodity in the regional markets.
The TradeMark East Africa (TMEA) Country Director, Dr Josephat Kweka, said in Dar es Salaam at the high level policy dialogue for rice value chain stakeholders in the EAC Common Market that although Tanzania leads in rice production it was still not able to take advantage of the readily availa.... Read more »
Posted on : Thursday , 24th September 2015
The Kenya Revenue Authority aims to fully automate its goods clearance and cargo tracking systems within two years as part of a strategy to seal revenue loopholes.
The country losses substantial revenue through suspected under-declaration of the value of exports or theft of cargo at a time when the taxman is under pressure to meet collection targets.
KRA targets a 100 per cent coverage of goods under electronic control by 2017/2018 from a current baseli.... Read more »
Posted on : Thursday , 24th September 2015
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